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Listed Company CIMG Raises $55 Million through Rights Issue and Plans to Purchase 500 Bitcoins
Summary: According to reports, NASDAQ-listed digital health company CIMG Inc. has announced that it has signed a final securities purchase agreement to issue 220 million shares of common stock to nine non-U.S. investors, raising $55 million and planning to purchase 500 Bitcoins. The average purchase price for each Bitcoin is expected to be $110,000, and the ...
According to reports, NASDAQ-listed digital health company CIMG Inc. has announced that it has signed a final securities purchase agreement to issue 220 million shares of common stock to nine non-U.S. investors, raising $55 million and planning to purchase 500 Bitcoins. The average purchase price for each Bitcoin is expected to be $110,000, and the transaction is set to be completed in early September.
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Link: Listed Company CIMG Raises $55 Million through Rights Issue and Plans to Purchase 500 Bitcoins [Copy]